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Stock impact report

Redfin Home Price Index: Prices Rose 0.6% in February, Marking Return to Pre-Pandemic Norm [Yahoo! Finance]

Premier, Inc. - Class A (PINC) 
Last premier, inc. - class a earnings: 2/4 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
SEATTLE, March 19, 2024 BUSINESS WIRE )--(NASDAQ: RDFN) — Home price growth is finally back to where it was before the pandemic, according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage. This follows a three-year rollercoaster ride in which prices soared when ultra-low mortgage rates fueled a homebuying frenzy and cooled when rates jumped due to the Federal Reserve's effort to quell inflation. U.S. home prices climbed 0.6% from a month earlier in February, on par with the 0.6% average monthly gain in the roughly eight years leading up to the pandemic. Prices seesawed during the pandemic, rising by as much as 2% month over month in January 2022 and falling by as much as 0.2% in August 2022. The story is similar when looking at year-over-year changes. U.S. home prices climbed 6.7% from a year earlier in February, similar to the 6.9% average annual gain in the years leading up to the pandemic. By comparison, prices rose by as much as 22.9% y Show less Read more
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